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According to Reuters, Slack Technologies (WORK) approached by Salesforce.com (CRM)

  • November 26, 2020

POTENTIAL DEAL DETAILS

StockSlack Technologies, Inc.SymbolWORK
Date Announced11/25/2020Source Reuters
TypeNews Report
Date of Confirmation: 12/01/2020Price at Confirmation: $43.84
Potential Profit: 7.71%Annualized Profit: 469.33%

Cloud-based software company Salesforce.com (CRM) Inc is in talks to acquire workplace messaging app Slack Technologies Inc (WORK) as it seeks to expand its offerings to businesses, people familiar with the matter said.

Update(s):

December 01, 2020: Salesforce (CRM), the global leader in CRM, and Slack Technologies, Inc. (WORK), the most innovative enterprise communications platform, have entered into a definitive agreement under which Salesforce will acquire Slack.

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